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Wed 5 Feb 2003, 10:09 Mvelaphanda Resources Limited - Press Release
Mvelaphanda Resources Limited                                                   
(Registration number 1980/01395/06)                                             
(Incorporated in the Republic of South Africa)                                  
Share code: MVL         ISIN-number ZAE000037610                                
PRESS RELEASE                                                                   
The board of Mvelaphanda Resources Limited hereby advise linked unit holders    
that Mvelaphanda Holdings (Pty) Ltd, a major linked unit holder of Mvelaphanda  
Resources Limited, has acquired 20 100 linked units in Mvelaphanda Resources    
Limited between 21h00 and 22h50 on Friday, 31 January 2003 for an average       
consideration of R 22.49 per linked unit.  The ownership is direct and          
beneficial to Mvelaphanda Holdings (Pty) Ltd.                                   
A portion of the linked units acquired by Mvelaphanda Holdings (Pty) Ltd are    
indirectly and non beneficially held by the certain of the directors, disclosed 
as follows:                                                                     
TMG Sexwale                         5025 linked units                           
M J Willcox                         1005 linked units                           
MSM Xayiya                          1407 linked units                           
Date: 05/02/2003 09:34:28 AM Produced by the JSE SENS Department
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